Sky ICT Public Company Limited

BK:SKY Thailand Information Technology Services
Market Cap
$273.05 Million
฿9.47 Billion THB
Market Cap Rank
#15811 Global
#111 in Thailand
Share Price
฿13.20
Change (1 day)
+5.60%
52-Week Range
฿10.00 - ฿17.20
All Time High
฿38.75
Categories
Companies in Thailand Information Technology Services Technology AI & Machine Learning
About

Sky ICT Public Company Limited, together with its subsidiaries, engages in information and communication technology (ICT), and system integration businesses in Thailand. It operates through two segments, System Integration, and Sales and Service. The company offers consulting, design, installation, maintenance, and procurement services; and distributes products and equipment related to ICT and sy… Read more

Sky ICT Public Company Limited (SKY) - Net Assets

Latest net assets as of September 2025: ฿6.24 Billion THB

Based on the latest financial reports, Sky ICT Public Company Limited (SKY) has net assets worth ฿6.24 Billion THB as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿13.97 Billion) and total liabilities (฿7.73 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets ฿6.24 Billion
% of Total Assets 44.66%
Annual Growth Rate 37.69%
5-Year Change 128.56%
10-Year Change 2575.27%
Growth Volatility 61.51

Sky ICT Public Company Limited - Net Assets Trend (2012–2024)

This chart illustrates how Sky ICT Public Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Sky ICT Public Company Limited (2012–2024)

The table below shows the annual net assets of Sky ICT Public Company Limited from 2012 to 2024.

Year Net Assets Change
2024-12-31 ฿5.20 Billion +10.16%
2023-12-31 ฿4.72 Billion +76.76%
2022-12-31 ฿2.67 Billion +5.02%
2021-12-31 ฿2.54 Billion +11.78%
2020-12-31 ฿2.27 Billion +53.39%
2019-12-31 ฿1.48 Billion +37.89%
2018-12-31 ฿1.08 Billion +68.05%
2017-12-31 ฿639.97 Million +229.69%
2016-12-31 ฿194.12 Million -0.12%
2015-12-31 ฿194.35 Million +1.33%
2014-12-31 ฿191.79 Million +61.81%
2013-12-31 ฿118.53 Million +5.89%
2012-12-31 ฿111.94 Million --

Equity Component Analysis

This analysis shows how different components contribute to Sky ICT Public Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 6995.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ฿1.76 Billion 34.24%
Common Stock ฿357.74 Million 6.97%
Other Comprehensive Income ฿35.77 Million 0.70%
Other Components ฿2.98 Billion 58.10%
Total Equity ฿5.13 Billion 100.00%

Sky ICT Public Company Limited Competitors by Market Cap

The table below lists competitors of Sky ICT Public Company Limited ranked by their market capitalization.

Company Market Cap
GABIA Inc
KQ:079940
 		$171.64 Million
Acacia Research Corporation
NASDAQ:ACTG
 		$171.69 Million
Com2uS Corporation
KQ:078340
 		$171.71 Million
Mahindra Logistics Limited
NSE:MAHLOG
 		$171.72 Million
Xerox Corp
NASDAQ:XRX
 		$171.60 Million
Ways Electron Co Ltd
SHG:605218
 		$171.58 Million
Beijing YJK Building Software Co.Ltd.
SHE:300935
 		$171.58 Million
Keysino Separation Technology Inc
SHE:300899
 		$171.55 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sky ICT Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,683,661,318 to 5,133,566,728, a change of 449,905,410 (9.6%).
  • Net income of 484,298,099 contributed positively to equity growth.
  • Other comprehensive income decreased equity by 25,399,644.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ฿484.30 Million +9.43%
Other Comprehensive Income ฿-25.40 Million -0.49%
Other Changes ฿-8.99 Million -0.18%
Total Change ฿- 9.61%

Book Value vs Market Value Analysis

This analysis compares Sky ICT Public Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.84x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 21.12x to 1.84x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 ฿0.62 ฿13.20 x
2013-12-31 ฿0.61 ฿13.20 x
2014-12-31 ฿0.88 ฿13.20 x
2015-12-31 ฿0.73 ฿13.20 x
2016-12-31 ฿0.73 ฿13.20 x
2017-12-31 ฿1.74 ฿13.20 x
2018-12-31 ฿2.14 ฿13.20 x
2019-12-31 ฿2.73 ฿13.20 x
2020-12-31 ฿3.95 ฿13.20 x
2021-12-31 ฿3.98 ฿13.20 x
2022-12-31 ฿4.20 ฿13.20 x
2023-12-31 ฿6.96 ฿13.20 x
2024-12-31 ฿7.17 ฿13.20 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sky ICT Public Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 9.43%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.21%
  • • Asset Turnover: 0.55x
  • • Equity Multiplier: 2.37x
  • Recent ROE (9.43%) is above the historical average (8.56%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 12.87% 6.26% 1.59x 1.30x ฿3.15 Million
2013 13.13% 9.72% 1.10x 1.23x ฿3.71 Million
2014 10.67% 11.21% 0.81x 1.17x ฿1.28 Million
2015 6.13% 5.92% 0.87x 1.19x ฿-7.52 Million
2016 4.78% 2.93% 0.85x 1.91x ฿-10.13 Million
2017 0.77% 0.91% 0.63x 1.35x ฿-58.79 Million
2018 10.19% 11.23% 0.30x 2.99x ฿2.05 Million
2019 14.89% 5.52% 0.83x 3.25x ฿71.80 Million
2020 6.65% 4.23% 0.38x 4.16x ฿-75.33 Million
2021 2.20% 1.84% 0.39x 3.05x ฿-195.27 Million
2022 8.00% 7.64% 0.31x 3.41x ฿-53.41 Million
2023 11.57% 13.15% 0.36x 2.45x ฿73.45 Million
2024 9.43% 7.21% 0.55x 2.37x ฿-29.06 Million

Industry Comparison

This section compares Sky ICT Public Company Limited's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

  • Industry: Information Technology Services
  • Average net assets among peers: $948,000,967
  • Average return on equity (ROE) among peers: 16.59%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sky ICT Public Company Limited (SKY) ฿6.24 Billion 12.87% 1.24x $171.64 Million
Advanced Information Technology Public Company Limited (AIT) $2.93 Billion 13.48% 1.20x $109.65 Million
Beryl 8 Plus Public Company Limited (BE8) $78.06 Million 30.29% 2.57x $10.83 Million
Ditto (Thailand) Public Company Limited (DITTO) $261.38 Million 21.53% 1.58x $133.67 Million
DITTO (THAILAND) (DITTO-R) $2.46 Billion 13.61% 0.36x $174.47 Million
G-Able PCL (GABLE) $2.01 Billion 8.27% 1.09x $21.78 Million
I2 Enterprise Public Company Limited (I2) $250.43 Million 17.96% 2.26x $1.98 Million
I&I Group Public Company Limited (IIG) $-21.04 Million 0.00% 0.00x $3.22 Million
Infraset Public Company Limited (INSET) $839.14 Million 16.15% 0.59x $38.30 Million
International Research Corporation Public Company Limited (IRCP) $489.44 Million 27.29% 1.68x $3.46 Million
International Network System PCL (ITNS) $188.33 Million 17.30% 0.40x $3.47 Million